Traders at work at the New York Stock Exchange on September 30, 2026.
new york stock exchange
Stock futures rose slightly on Sunday night as traders awaited key inflation data and this week’s earnings reports from major AI companies, while keeping an eye on whether the recovery in technology stocks continued.
futures It increased by 101 points (0.2%) in conjunction with the Dow Jones Industrial Average. S&P500 futures 0.1% increase; Nasdaq 100 futures Added 0.3%.
Markets on Friday partially rebounded from Thursday’s brutal AI-led selloff as semiconductor stocks rallied with fresh buying. High-tech oriented Nasdaq Composite rose 1.09% to 24,579.42, while the market-wide S&P 500 index rose 0.31% to 7,376.86. However, the blue-chip Dow Jones Industrial Average fell 237.33 points (0.46%) to settle at 51,285.73.
Broad investor sentiment remains cautious following a series of stronger-than-expected employment data. Additionally, there are concerns that tighter regulations on data center construction, energy use and development costs will slow the AI infrastructure boom, concerns that remain after the Democratic Party’s strong interim results.
The technology sector will also be keeping an eye on Sunday’s bombshell announcement. Nvidia’s The board will launch an investigation into co-founder and CEO Jensen Huang’s ties to a businessman who U.S. intelligence agencies say is a Chinese spy. In trading on HyperLiquid, the proxy price for Nvidia stock has fallen 2% in the past 24 hours.
Liz Ann Saunders, chief investment strategist at Schwab Center for Financial Research, said the Nasdaq and Nasdaq 100 are oversold due to significant risk aversion by traders. Thursday was the biggest day for retail sales since the coronavirus pandemic, according to Vanda Research. Saunders said retail traders are not taking advantage of the decline.
“Retail hasn’t proven to be in the push-buy position that it has been in the past,” he said Friday on CNBC’s “Fast Money.” “We’ve seen a very large amount of net selling… It may not have completely washed out yet, but we’ll have to see if that retail trader decides to step in at some point.”
Saunders suggested that the next short-term focus should be on adjusting companies’ capital spending plans and forecasting future profit margins.
This week, investors will be evaluating the outlook for the technology and whether recent stock declines will continue, with an eye on major AI-related gains that Coreweave, Cisco, and Applied Materials have all been eyeing.
They will also be watching the release of both the Consumer Price Index on Tuesday and the Producer Price Index on Friday, looking for clues about the Fed’s next move.
On Monday, traders will receive September wholesale inventory data at 10 a.m. ET. Take-Two Interactive Software, Occidental Petroleum, KKR, Constellation Energy and Skydance are scheduled to report quarterly earnings.
